Semibizz
#1
Posted 21 August 2007 - 03:01 PM
#2
Posted 21 August 2007 - 03:25 PM
Edited by SemiBizz, 21 August 2007 - 03:30 PM.
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#3
Posted 21 August 2007 - 03:42 PM
#4
Posted 21 August 2007 - 04:07 PM
#5
Posted 21 August 2007 - 04:46 PM
Semi, I was going to observe that there is a BB squeeze on the 60 cubes which looks like it is starting to resolve in the last hour. It "should" resolve sharply up. But, then I read that Bush is speaking to reassure investors, which is likely a kiss of death for the bull.
Bubba Bands aside, looks to me like we're going to get a gap fill... this volume is putrid.
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#6
Posted 21 August 2007 - 06:37 PM
Semi, I was going to observe that there is a BB squeeze on the 60 cubes which looks like it is starting to resolve in the last hour. It "should" resolve sharply up. But, then I read that Bush is speaking to reassure investors, which is likely a kiss of death for the bull.
Bubba Bands aside, looks to me like we're going to get a gap fill... this volume is putrid.
1.7 bil shares is putrid ? Normal average volume. Nothing wrong with that.
Of course if you're comparing it to 3 bil volume days we had last couple weeks. But that volume was unusual.
1.7 bil is just fine.
Edited by ogm, 21 August 2007 - 06:38 PM.
#7
Posted 21 August 2007 - 07:28 PM
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#8
Posted 21 August 2007 - 07:30 PM
http://bigcharts.marketwatch.com/charts/big.chart?symb=nasdaq&compidx=aaaaa:0&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=4&size=2&state=9&sid=3291&style=320&time=4&freq=1&nosettings=1&rand=6582&mocktick=1.gif
VOLUME SUCKS !!
Sucks for what? Its not like the market is going up, its just churning sideways. If volume was high and we were going sideways it would probably be distribution, this appears to be quite healthy.
#9
Posted 21 August 2007 - 07:43 PM
http://bigcharts.mar...&mocktick=1.gif
The declining volume and sideways move was the tip that the low would be retested.
Edited by SemiBizz, 21 August 2007 - 07:43 PM.
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#10
Posted 22 August 2007 - 09:18 AM
Mark S Young
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